Social Disability Lawyer Blog

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Automatic Cost of Living Adjustments | 2021

Automatic Cost of Living Adjustments | 2021
The SSA adjusts the SSDI amounts for social security payments each year by adjusting them with inflation through a complicated formula for cost of living. Cost-of-Living Adjustment Enacted in 1973, the federal legislation allows the SSA to adjust the amount of SSDI paychecks to keep up pace with the changing dynamics of the economic system. The SSA...
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